Jul 302014
 July 30, 2014
First 10 Days Of Marijuana Sales In Washington Generate Over $300K In Excise Taxes

Put your thinking cap on. Try to think of a state that has enough tax revenue coming in, and doesn’t need more revenue. This of course is a rhetorical question. Every state in the nation could use more tax revenue, and in the case of some states, they desperately need every penny they can get. Roads are falling apart, bridges are in danger of collapsing, schools are underfunded, and the list goes on and on. Now, consider the fact that the State of Washington generated $148,256 in excise taxes from legal [...]

Jul 292014
 July 29, 2014
Excited To See Earl Blumenauer At The International Cannabis Business Conference

With The New York Times now on board and polling showing that legalization is likely in my home state of Oregon (but it isn’t a done deal, so please donate to the cause), 2014 is turning out to be a monumental, landmark year for the cannabis law reform movement. The electoral victories in Washington State and Colorado in 2012 certainly set the stage for 2014, but the New Approach Oregon measure, along with legalization on the ballot in Alaska and Washington, D.C. (most likely), 2014 is proving to be a worthy successor. After landmark events, I often think [...]

Jul 282014
 July 28, 2014
Supply Shortages Are Limiting Marijuana Tax Revenues In Washington

Washington State started allowing legal recreational marijuana sales July 7, 2014. Prices were high, supplies were low, and lines were long. The roll-out was smooth, with the main issue being a lack of inventory. In the case of Seattle’s Cannabis City, supplies lasted half a week, forcing the store to close until July 25th or so. Despite supply shortages and closures, the State of Washington was still able to generate quite a bit of tax revenue. Per the Seattle Times: Washington state will add more than $318,000 to its coffers [...]

Jul 282014
 July 28, 2014
Oregon Marijuana Legalization Study Predicts $38.5 Million In Taxes On $145 Ounces

A new study compiled by ECONorthwest has predicted that Oregon will reap $38.5 million in marijuana tax revenue in the first fiscal year of legalization.  The Control, Regulation, and Taxation of Marijuana and Industrial Hemp Act promoted by New Approach Oregon has qualified for the November election ballot and will cap the taxation of marijuana at $35 per ounce for flowers, $10 per ounce for leaves, and $5 per immature marijuana seedling. The Act does not affect the Oregon Medical Marijuana Act, so researchers did not include the 64,000+ patients in [...]

Jul 272014
 July 27, 2014
Washington Marijuana Store Closes To Protest Price Gouging By Growers

Legal marijuana sales started in Washington on July 7th. Supply shortages resulted in high prices and long lines. A marijuana store in Vancouver, Main Street Marijuana, closed temporarily this week. The closure is not due to supply shortages, which has temporarily closed at least one other marijuana store in Washington. Main Street Marijuana temporarily closed it’s doors due to poor product quality and price gouging by licensed marijuana growers in Washington. Per The Columbian: When the Main Street Marijuana manager saw what came in a shipment of material from a [...]

Jul 272014
 July 27, 2014
Cannabis Consumers Union Launches In Colorado To Protect Consumers

The Cannabis Consumers Union announces its official launch this week in Denver, Colorado. The nonprofit is educating the community by offering its members half off consumer safety certification courses at Clover Leaf University. Denver, CO – The Cannabis Consumers Union is launching a cannabis consumer’s watchdog group working exclusively for consumer rights. Unlike other organizations that historically have worked towards legalization, the Cannabis Consumers Union is established by consumers, exclusively for consumers. This includes fostering relations with local, national, and international businesses who share the same philosophies of ethical business [...]

Jul 272014
 July 27, 2014
Colorado's Legal Marijuana Industry Opens Up To More Applicants

For the first six months of legal recreational cannabis sales in Colorado, only current medical cannabis dispensary owners could own and operate a recreational cannabis store. That policy changed recently to allow non-dispensary owners to apply for a cannabis business license. There was also a provision in place that required store owners to grow their own cannabis. That policy also changed to allow people to specialize in just retail, or just cultivation. The new businesses are expected to open in October. This will no doubt lead to hundreds more businesses [...]

Jul 262014
 July 26, 2014
Weed Blog Interview - Brianne O'Neill From VapeXhale

I was lucky enough to talk to Brianne O’Neill, the head of marketing at VapeXhale. Brianne O’Neill is the right hand wo(man) to Seibo Shen, founder and CEO of the company. Considered a Jane-of-all-trades, not only is Brianne the only female on the team, but responsible for much of the behind-the-scene dynamics when it comes to maintaining VapeXhale’s reputation as the leader in innovative vaporization technology. With her strategic mind, she develops and implements all marketing initiatives used to promote, build and drive product sales. Brianne is a prime example of a [...]

Jul 242014
 July 24, 2014
State-Approved Marijuana University In Colorado Is Doing Well

The world of marijuana is a very complicated, evolving thing. Most people think of laws when they think of marijuana, but there is much more to marijuana than whether or not you can possess a joint in certain jurisdictions, and what the penalties are for violations. The marijuana industry is growing exponentially. New products and services are popping up daily, and keeping up can be hard. Navigating the industry, politics, rules, and regulations is no easy task. A state-approved university in Colorado is helping educate people on the subject. Per [...]

Jul 232014
 July 23, 2014
State Marijuana License Denial Stops Production Of Cheeba Chews

Cheeba Chews are a marijuana edible that I’m told is extremely strong. I had heard stories about Cheeba Chews packing a punch, but I always chalked it up to rookie consumers not knowing how to handle their edibles. But then I started hearing stories from proven veterans that ate some Cheeba Chews and were able to ‘ride the higher high.’ Since then I have been trying to get my hands on some to make the educated decision as to their potency. Sadly, it sounds like I may have to wait [...]